For global businesses, enforcing a fair and relevant expenses policy has always been a major headache with a wide variety of differences in expense legislation around the world. The revolutionary expenses app, Rydoo, continues to take the issue away with a system that works internationally and complies locally.
The SaaS company provides an app that takes account of legislation in each jurisdiction but still allows CFOs to have real-time access to consolidated information. The global nature of Rydoo means that Finance can increase control and compliance with expenses rules and reduce the amount of time they spend enforcing them.
It is the worldwide nature of the app that has attracted partners such as Mazars and Taxback, among others. Rydoo is compliant in multiple countries and yet locally relevant. Once the app is in place, you no longer have to worry about the different per diems, mileage reimbursement and other peculiarities of each country.
With Rydoo you can set your own policy rules and automate approvals.
Paula Tica, the former Accounting Associate of Unify Square, one of Rydoo’s clients, highlights “We looked for a platform that checked off the following boxes: cost-effective, efficient, and complies with European policies”.
Despite only being just over three years old, Rydoo signed in December 2020 its millionth user. CFOs worldwide can be confident with Rydoo that they aren’t breaking local tax regulations. It is, without doubt, the best platform for companies with offices in multiple countries according to specialised sites.
Rydoo recently updated the product to adapt to the new UK mileage regulations, the German three-month rule, to the Incomes Register legislation in Finland, and to the new WKR law in The Netherlands.
As Roberto Nunes, Fagron’s HR Partner says “One of our prerequisites for our choice was the possibility of scaling the solution to other countries. Brazil was the gateway, but our idea was always to take the tool to all Fagron offices worldwide. We did a comparison with another platform, but they were not prepared to serve worldwide and adapt to all our other needs like Rydoo. The decision was easy.”
Sebastien Marchon, CEO of Rydoo, comments: “Our customers tell us that complying with local laws has been one of the main issues that they have struggled with, but now with Rydoo that problem has simply ceased to exist.”
Rydoo delivers a fully integrated expenses system that uses cutting-edge cloud technology to provide a user-friendly system that is easy to learn, manage and report from.
With +8000 customers and a presence in over 150 countries, Rydoo has helped over 1 million users reduce the daily time spent on expense management by 75%, from 20 to 5 minutes.
Estimates suggest that Rydoo has saved UK companies over 40 hours week managing expenses yearly and its average retention rate is 93%, thanks to a dedicated team of over 300 employees working to transforming expense management as we know.
Manage daily allowances and meal deductions in a few clicks.
Started in 2018, Rydoo reinvents and simplifies business travel and expense management for high-growth companies. With a team of 300 enthusiastic employees, Rydoo operates in more than 80 countries and its +8,000 customers (public and private organizations) benefit from the usability and efficiency of its consumer-oriented app. Rydoo has been recognised as one of the top three expenses management software providers by G2 Crowd, the world’s leading business solution review platform, as well as a top ten solution provider by GetApp, a Gartner company, the first online resource for corporations exploring software-as-a-service (SaaS) products.
Request a demo today at https://www.rydoo.com/